ShrihariGoje

INVERSE HEAD & SHOULDER (ATGL)

Long
NSE:ATGL   ADANI TOTAL GAS LTD
ATGL Positional View. Good to go long
REASONS TO TRADE:
INVERSE HEAD & SHOULDER
CROSSING MA 44
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Disclaimer
I am not Sebi registered analyst
My studies are Educational purpose only
Please consult with your financial advisor before trading or investing

ABOUT THIS PATTERN:
An inverse head and shoulders pattern is comprised of three component parts: After long bearish trends, the price falls to a trough and subsequently rises to form a peak. The price falls again to form a second trough substantially below the initial low and rises yet again.
Trade closed: target reached

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